Pro Builder

JANUARY 21, 2022

Knock Releases the Top Markets for Each Generation in 2022. Fri, 01/21/2022 - 10:25. Buyers are relocating to find greater affordability and a wide range of lifestyle amenities—here’s where they’re headed. and many are struggling with affordability as prices continue to rise. Housing Markets. Market Data + Trends.

Metro 52

Metro Austin Housing Texas 52

Pro Builder

APRIL 19, 2023

For example, in the San Jose metro area, low-income earners have accumulated nearly $630,000 over the last 10 years while middle-income earners gained $643,000. All of the top 10 areas with the largest wealth gains for low-income owners—with equity surpassing $290,000—were located in California.

San Jose 94

San Jose Equity Income Metro 94

Pro Builder

MAY 30, 2023

are considered “house poor,” meaning they spend more than 30% of their income on housing costs. are considered “house poor,” meaning they spend more than 30% of their income on housing costs. Read more Affordability Market Data + Trends Financials Affordability percent in 2015 to 26.5

Housing 52

Housing New York City Los Angeles Income 52

Pro Builder

APRIL 29, 2022

Small Metros Top the List of the Most Livable Cities in America. Fri, 04/29/2022 - 10:34. With strong local economies, favorable community amenities, and relative housing affordability, midwestern metros are attracting the largest share of migrating buyers. Housing Markets. Market Data + Trends.

Metro 52

Metro America Income Miami 52

Pro Builder

MAY 17, 2022

Affordable Starter Homes Are Becoming Harder to Find. Tue, 05/17/2022 - 10:40. The majority of housing markets lack starter homes under $150,000, and some pricey metros have none available at all. Housing affordability is becoming increasingly hard to find across the U.S., Housing Markets. Affordability.

Honolulu 52

Honolulu Phoenix United States Arizona 52

Pro Builder

MARCH 28, 2022

Top Pandemic Migration Hotspots. Mon, 03/28/2022 - 10:23. Remote workers left cold and expensive cities throughout the pandemic to try their luck in warmer and more affordable housing markets. homebuyers are migrating in droves to warmer and more affordable markets, Realtor.com reports. Housing Markets.

Los Angeles 52

Los Angeles San Francisco New York City Arizona 52

Pro Builder

MAY 26, 2022

Gen Zers Are Entering the Housing Market as First-Time Buyers, but Where Are They Searching? Thu, 05/26/2022 - 10:33. As large metro areas become more expensive, young homebuyers are searching for affordable housing in midsize cities. Salt Lake City topped the list, retaining the No. Housing Markets.

San Jose 78

San Jose Housing San Francisco Oklahoma City 78

Pro Builder

FEBRUARY 6, 2023

The Share of Millionaire Renters Is on the Rise ldeakins Mon, 02/06/2023 - 10:45 While some would-be house hunters are retreating into the rental market out of necessity, other high-income Americans are renting by choice Over the past several years, rental costs have surged nationwide, forcing some would-be homebuyers to consider renting instead.

Income 52

Income Housing 52

Pro Builder

SEPTEMBER 21, 2022

What the Federal Reserve's Latest Rate Hike Could Mean for the Housing Market. Wed, 09/21/2022 - 10:09. Mortgage rates have finally topped 6%, and with more gains on the horizon, experts warn that the U.S. housing market could be moving toward a recession. Market Data + Trends. Fed Chairman Jerome H. Financing.

Housing 105

Housing Los Angeles Finance Budgeting 105

Pro Builder

OCTOBER 31, 2022

Homebuyers Are on the Move as Housing Affordability Diminishes—Here’s Where They’re Going. Mon, 10/31/2022 - 09:59. Americans are moving away from costly metros and are instead seeking out sunny markets with more affordable home prices. Housing Markets. Affordability. Market Data + Trends.

San Francisco 52

San Francisco Sacramento Las Vegas Housing 52

Pro Builder

JULY 7, 2022

Americans searching for space and affordability relocated to mid-sized cities throughout the pandemic, and these popular destinations saw the largest share of new arrivals. The median household income exceeded $76,000 across the top 10 cities, and surprisingly, only one Sunbelt metro made the list. Housing Markets.

North Carolina 52

North Carolina Income Metro Minnesota 52

Pro Builder

DECEMBER 21, 2022

Wed, 12/21/2022 - 10:36. Buyers moved away from costly coastal cities and drove up housing demand in these popular Midwestern metros in 2022. Topping the list of this year’s most popular markets is Prairie Village, Kan., The most popular places on Zillow reflect a couple of trends we’ve been seeing over the past year.

Kansas City 52

Kansas City Metro Kansas Housing 52

Pro Builder

FEBRUARY 23, 2023

Northeastern and Midwestern Markets Dominate the Winter Buying Season ldeakins Thu, 02/23/2023 - 10:16 The hottest January housing markets were located predominantly in the Northeast and the Midwest, but will a thawing spring market motivate buyers to purchase elsewhere? responds to a gradual housing recession. Manchester, N.H.,

Ohio 52

Ohio Wisconsin Kansas Indiana 52

Pro Builder

MARCH 15, 2022

Housing Affordability Pyramid Breaks Down a Growing Affordability Crisis. Tue, 03/15/2022 - 10:37. 36 million households cannot afford a $150,000 home, according to the U.S. housing affordability pyramid, and that number could continue to grow as home prices reach new highs. Affordability.

Housing 52

Housing Income Insurance Finance 52

Pro Builder

JULY 27, 2022

Wed, 07/27/2022 - 10:29. Americans are relocating to small Midwestern cities far from busy coastlines to find pockets of affordability. Americans battling rising inflation are seeking out affordability wherever they can find it, even if that means relocating far off the beaten path to a new town or metro area. Housing Markets.

Metro 52

Metro Chicago Indiana Housing 52

Pro Builder

JUNE 17, 2020

Top 10 Most Livable Small Cities in the U.S. . Wed, 06/17/2020 - 10:29. Since urban centers became coronavirus hotspots, small cities, towns, and suburbs are trending. With affordable housing costs and many healthcare establishments, many Heartland cities came out on top.

Income 98

Income Housing Insurance America 98

Pro Builder

JANUARY 26, 2022

Wed, 01/26/2022 - 10:20. These regions are also prime destinations for migrating Americans searching for affordability and space, especially as remote work becomes more prevalent during the pandemic. Housing Markets. Market Data + Trends. Housing Markets. Cities With the Highest Homeownership Rates. Across the U.S.,

Texas 98

Texas Houston Metro Florida 98

Pro Builder

MARCH 23, 2022

Homebuyers Are Relocating for Affordability. Wed, 03/23/2022 - 10:30. Remote workers are flocking to sunny markets where home prices are still reasonably affordable . The trend has grown even stronger over the last year as remote work has become permanent for many Americans. Housing Markets. Housing Markets.

Las Vegas 52

Las Vegas Phoenix Sacramento Metro 52

Pro Builder

OCTOBER 1, 2022

A Housing Reset Can’t Slow These Popular Seller’s Markets. Fri, 09/30/2022 - 10:27. The housing market may be slowing, but sellers are still in the driver's seat in these affordable homebuying destinations. In eight of the top 10 seller’s markets, the median home price was $250,000 or less, markedly lower than the U.S.

Housing 52

Housing North Carolina Inventory Metro 52

Pro Builder

JUNE 10, 2022

Housing Market Begins ‘Most Significant Contraction in Activity Since 2006,’ Mark Zandi Says. Fri, 06/10/2022 - 10:19. The housing market is slowing down at a rate not seen in over a decade, according to Moody's Analytics chief economist Mark Zandi. This housing slowdown, of course, is by design. New-Home Sales.

Housing 59

Housing Contract Charlotte Forecasting 59

Pro Builder

NOVEMBER 16, 2022

America’s Hottest Housing Markets Are Also the Coldest This Winter Season. Wed, 11/16/2022 - 10:32. America’s most in-demand housing markets also happen to be the coldest, but that’s not stopping prospective buyers from relocating for more affordable home prices this winter. Housing Markets. Market Data + Trends.

Housing 52

Housing Boston New York Metro 52

Pro Builder

NOVEMBER 29, 2022

Tue, 11/29/2022 - 10:31. Coastal homebuyers bogged down by record high housing costs are relocating to more affordable Sun Belt metros to get more bang for their buck. Half of the top 10 migration destinations are in Florida (Cape Coral, North Port-Sarasota and Orlando are all on the list, in addition to Miami and Tampa).

Las Vegas 52

Las Vegas Los Angeles San Diego Sacramento 52

Pro Builder

APRIL 14, 2022

The Fed Funds rate is expected to rise to roughly 3.25%, and at its peak, the yield curve will flatten and the 10-year treasury rate will likely match the Fed Funds rate. . Higher rates will impact affordability. Based on today’s mortgage rates, affordability has declined to levels not seen since the housing bust).

Insurance 52

Insurance Housing 52

Pro Builder

DECEMBER 21, 2022

This Economist Predicted the Housing Crunch of 2008—Here’s His Forecast for 2023. Wed, 12/21/2022 - 10:29. Economist Tom Lawler accurately predicted the housing bubble and bust of 2007 and 2008, and he's now looking ahead to big changes in 2023. Market Data + Trends. Affordability. Market Data + Trends.

Forecasting 52

Forecasting Housing US 52

Pro Builder

SEPTEMBER 28, 2022

Tue, 09/27/2022 - 10:38. The housing market is in the throes of a major post-pandemic slowdown, and according to some of the nation's top economists, that could lead to substantial price drops in the year ahead. Housing experts are sounding the alarms of a possible recession within the next year, which some say could cause U.S.

Inventory 52

Inventory Housing Risk 52

Pro Builder

DECEMBER 6, 2022

Tue, 12/06/2022 - 10:07. Homebuyers are struggling to afford home purchases as high mortgage rates and elevated home prices continue to chip away at housing affordability across the U.S., Home to red-hot markets like Phoenix, Arizona topped the list of the U.S. Housing Markets. Market Data + Trends.

Metro 52

Metro Phoenix Utah Nevada 52

Pro Builder

NOVEMBER 18, 2022

Fri, 11/18/2022 - 10:20. Home prices are falling in housing markets that saw record home sales throughout the pandemic as soaring interest rates continue to price out prospective buyers. Tight inventory sustained elevated prices, though some formerly red-hot housing markets posted small but steady declines throughout October.

Budgeting 52

Budgeting Budget Las Vegas San Francisco 52

Pro Builder

MAY 31, 2022

The Buying Boom Is Slowing, and Experts Say a Housing Correction Could Follow. Tue, 05/31/2022 - 10:10. As mortgage rates keep climbing, we may be moving from a housing boom to a housing correction, says top economist Mark Zandi . housing markets. Market Data + Trends. Affordability.

Housing 52

Housing South Carolina Phoenix Inventory 52

Pro Builder

JANUARY 25, 2022

Tue, 01/25/2022 - 10:00. flocked to smaller metros, suburbs, and even rural areas for more affordable housing options and less market competition, but according to Realtor.com, that trend may be moving in reverse. The top emerging markets generally have stronger economies, low unemployment, and higher wages.

Metro 52

Metro Hawaii Florida Housing 52

Pro Builder

MARCH 24, 2021

10 Top Small Cities in the U.S. SmartAsset reviewed the concentration of entertainment establishments, restaurants, bars, healthcare, income inequality, affordability, and more. The midwest was found to have the most small cities on the list, with eight out of the top 10 being in this region. Housing Markets.

Iowa 52

Iowa Wisconsin Missouri Indiana 52

Pro Builder

AUGUST 9, 2022

Tue, 08/09/2022 - 10:23. Americans are more pessimistic about the housing market than at any time in the last decade, but decelerating price growth may offer some relief . Affordability. Market Data + Trends. Market Data + Trends. Homebuyer Sentiment Drops as All Eyes Look Ahead to a Market Cooldown.

Housing 52

Housing 52

Pro Builder

JANUARY 4, 2022

Tampa Takes the Top Spot as 2022's Hottest Market. Tue, 01/04/2022 - 10:29. Zillow’s list of the top markets in 2022 is here. For the second year in a row, the Sun Belt is dominating Zillow’s list of the nation’s hottest housing markets with metros like Tampa, Jacksonville, and Raleigh securing the top spots.

Tampa 52

Tampa San Francisco Jacksonville Inventory 52

Pro Builder

APRIL 27, 2022

Sun Belt Buyers Need 40% More Income to Afford a Home. Wed, 04/27/2022 - 10:40. Homebuyers migrating to Sun Belt markets are nearly doubling their budgets to afford new home payments. . from 2021, while homebuyers in Phoenix must earn $87,026 to afford the area’s typical monthly mortgage payment of $2,176, a 45.7%

Income 52

Income Tampa Phoenix Housing 52

Pro Builder

MARCH 23, 2022

Wed, 03/23/2022 - 10:13. As a result, economists are revising their home sales forecasts to accommodate a smaller pool of buyers who can actually afford added inflation on top of already elevated prices. . The rise in rates comes on top of an already sizzling housing market. Affordability. New-Home Sales.

Forecasting 52

Forecasting Housing 52

Pro Builder

SEPTEMBER 22, 2022

Thu, 09/22/2022 - 10:13. For two years, buyers and homeowners have been rocked by historic home price increases and rising mortgage rates, and a worsening affordability crisis may still be far from over. That’s a strain on national affordability not experienced since the mid-2000s. Market Data + Trends. Affordability.

Income 52

Income Insurance Housing 52

Pro Builder

APRIL 5, 2023

Just outside the top 5 were Kansas City (7.8%) and Hartford (7.8%). The story here remains that, ever since the national market began its cooldown just over a year ago, the most resilient rental markets have been affordable Midwestern and Northeastern cities, plus Boston.

Boston 52

Boston Kansas City Louisville Indianapolis 52

Pro Builder

APRIL 8, 2022

Fri, 04/08/2022 - 10:26. While in-demand housing markets in the Northwest and the Sun Belt still top the list of the most popular destinations for homebuyers, the Midwest is slowly creeping into the competition, Realtor.com reports. Housing Markets. Market Data + Trends. Affordability. Housing Markets.

Metro 52

Metro Kansas Wisconsin Housing 52